Home Japanese Gaming Firm Gumi Launches $18.3M Crypto Fund With SBI Financial Services

Japanese Gaming Firm Gumi Launches $18.3M Crypto Fund With SBI Financial Services

Share
Japanese Gaming Firm Gumi Launches $18.3M Crypto Fund With SBI Financial Services
News
Share

Japanese game creator Gumi said on Saturday that it will start operating a 3 billion yen (about $18.3 million) cryptocurrency asset fund with support from Daiwa Securities Group, SBI Financial Services, and other investors.

The fund is run by SBI Crypto Fund, a joint venture that is 49% held by Gumi subsidiary gC Labs and 51% controlled by SBI Financial Services.

The fund will use staking, portfolio rebalancing, and hedging techniques to invest mostly in Bitcoin and key altcoins, according to Gumi’s statement on Tuesday.

The fund’s goal, according to the business, is to establish an operational track record in advance of a potential removal of Japan’s restriction on cryptocurrency exchange-traded funds while bridging the gap between the country’s corporate sector and the cryptocurrency market.

The launch expands on Gumi’s growing cryptocurrency business, which includes crypto investment funds, portfolio management services via Hinode Technologies, and the administration of its own XRP-focused cryptocurrency assets.

Cryptocurrency now makes up a sizable chunk of the company’s financial sheet, according to its most recent annual report. As of April 30, 2026, Gumi’s cryptocurrency holdings have almost quadrupled from 7.58 billion yen to 14.13 billion yen.

Japanese Gaming Firm Gumi Launches $18.3M Crypto Fund With SBI Financial Services

Source: X.com

 

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Binance Wallet Opens $4.8M pPOLY Pre-access Sale On PancakeSwap At $15.50
News

Binance Wallet Opens $4.8M pPOLY Pre-access Sale On PancakeSwap At $15.50

Binance Wallet has opened access to a $4.8 million pPOLY Pre-Access campaign on PancakeSwap at $15.50 per token, with subscriptions running for...

MultiversX Faces Upbit Trading Review After Mainnet Exploit Attempt & Network Halt
News

MultiversX Faces Upbit Trading Review After Mainnet Exploit Attempt & Network Halt

MultiversX is facing a trading review at South Korean exchange Upbit after an attempted mainnet exploit forced the network to halt progression....

Hyperliquid Leads 2026 Crypto Revenue Rankings With $429M Through September 15
News

Hyperliquid Leads 2026 Crypto Revenue Rankings With $429M Through September 15

Hyperliquid generated $429.04 million in revenue from January 1 through September 15, 2026, putting the perpetual futures platform at the top of...

Stripe Adds Samsung Pay To Android Crypto Onramp for In-app Crypto Purchases
News

Stripe Adds Samsung Pay To Android Crypto Onramp for In-app Crypto Purchases

Stripe has added Samsung Pay support to its Crypto Onramp tools for Android, giving users another way to pay for digital assets...

Related Articles

Memecoin Supercycle: How DOGE, SHIB, WIF Mint Millions

Did you ever notice how sometimes the crypto market gets absolutely taken...

5 Best Crypto Mining Apps In 2026: What They Actually Do

Introduction The phrase ‘crypto mining app’ sounds like you can download an...

Your Roadmap To Stake AI Tokens In 2026

Are you looking to earn extra rewards through AI tokens? One of...

Crypto Mining Apps: How They Work & How To Spot Scams

Introduction Search for crypto mining apps today and you will find hundreds...